{"id":560938,"date":"2021-03-18T04:20:35","date_gmt":"2021-03-18T04:20:35","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/we-still-%e2%99%a5-banknotes\/"},"modified":"2021-03-18T04:20:35","modified_gmt":"2021-03-18T04:20:35","slug":"we-still-%e2%99%a5-banknotes","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/we-still-%e2%99%a5-banknotes\/","title":{"rendered":"We still \u2665 banknotes"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>Egypt is the world\u2019s second most banknote-reliant country \u2014 and has the third<\/strong><strong> highest percentage of unbanked citizens.<\/strong> Only 45% of payments in Egypt are cashless transactions and the credit card penetration rate currently stands at a measly 3%, Merchant Machine said in <a href=\"https:\/\/merchantmachine.co.uk\/most-reliant-on-cash\/\">a report<\/a>. At least 67% of the Egyptian population remains unbanked, with only Morocco (71%) and Vietnam (69%) with a higher rate of unbanked adults, according to the report. We also have the third-lowest number of ATMs per capita (20 per 100k adults), coming in just above Kenya and Nigeria.<\/p>\n<p><strong>Led by the Central Bank of Egypt and with the active participation of the Tax Authority, <\/strong><strong>policymakers have for several years now been aggressively pushing to phase out cash and enhance financial inclusion.<\/strong> The drive has seen several key decisions to nudge the country towards a paperless future, including the National Payments Council\u2019s 2017 decision to ban government entities using paper cheques or cash payments to private sector businesses for <a href=\"https:\/\/enterprise.press\/stories\/2017\/06\/04\/govt-takes-huge-step-forward-on-mobile-payments-policy\/\">amounts above EGP 20k<\/a>. The Government Accounting Act <a href=\"https:\/\/enterprise.press\/stories\/2018\/06\/28\/contractors-compensation-act-high-on-madbouly-cabinet-agenda\/\">later stipulated<\/a> that all government transactions worth more than EGP 500 must be electronic. The pandemic has also helped push e-payment activities, with the number of mobile wallets in Egypt <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/59863ee4-eef6-4b7f-9026-052fd6d8536b\">jumping<\/a> at least 17% between March and October of last year, and the central bank has offered a wide range of incentives to get more merchants onto point-of-sale machines while ordering fee holidays on digital banking transactions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt is the world\u2019s second most banknote-reliant country \u2014 and has the third highest percentage of unbanked citizens. Only 45% of payments in Egypt are cashless transactions and the credit card penetration rate currently stands at a measly 3%, Merchant Machine said in a report. At least 67% of the Egyptian population remains unbanked, with [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":560939,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9918],"tags":[204,240,199,72,290,183,527],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-560938","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-inclusion","tag-banking","tag-cib","tag-e-commerce","tag-enterpriseam","tag-financial-inclusion","tag-fintech","tag-pandemic","wpautop","entry"],"acf":{"mongo_id":"8ff882fd-cd11-4ad1-9bd8-c9dc0f4ee0f1","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/3\/241.jpg","photo_position":"above","related_issue":[560925],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>We still \u2665 banknotes - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/we-still-\u2665-banknotes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"We still \u2665 banknotes\" \/>\n<meta property=\"og:description\" content=\"Egypt is the world\u2019s second most banknote-reliant country \u2014 and has the third highest percentage of unbanked citizens. Only 45% of payments in Egypt are cashless transactions and the credit card penetration rate currently stands at a measly 3%, Merchant Machine said in a report. At least 67% of the Egyptian population remains unbanked, with [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/we-still-\u2665-banknotes\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-18T04:20:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/241.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/we-still-%e2%99%a5-banknotes\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/we-still-%e2%99%a5-banknotes\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"We still \u2665 banknotes\",\"datePublished\":\"2021-03-18T04:20:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/we-still-%e2%99%a5-banknotes\/\"},\"wordCount\":233,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/we-still-%e2%99%a5-banknotes\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/241.jpg?fit=%2C&ssl=1\",\"keywords\":[\"banking\",\"CIB\",\"e-commerce\",\"EnterpriseAM\",\"financial inclusion\",\"Fintech\",\"pandemic\"],\"articleSection\":[\"FINANCIAL INCLUSION\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/we-still-%e2%99%a5-banknotes\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/we-still-%e2%99%a5-banknotes\/\",\"name\":\"We still \u2665 banknotes - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/we-still-%e2%99%a5-banknotes\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/we-still-%e2%99%a5-banknotes\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/241.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2021-03-18T04:20:35+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/we-still-%e2%99%a5-banknotes\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/we-still-%e2%99%a5-banknotes\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/we-still-%e2%99%a5-banknotes\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/241.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/241.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/we-still-%e2%99%a5-banknotes\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"We still \u2665 banknotes\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"We still \u2665 banknotes - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/we-still-\u2665-banknotes\/","og_locale":"en_US","og_type":"article","og_title":"We still \u2665 banknotes","og_description":"Egypt is the world\u2019s second most banknote-reliant country \u2014 and has the third highest percentage of unbanked citizens. Only 45% of payments in Egypt are cashless transactions and the credit card penetration rate currently stands at a measly 3%, Merchant Machine said in a report. At least 67% of the Egyptian population remains unbanked, with [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/we-still-\u2665-banknotes\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2021-03-18T04:20:35+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/241.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/we-still-%e2%99%a5-banknotes\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/we-still-%e2%99%a5-banknotes\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"We still \u2665 banknotes","datePublished":"2021-03-18T04:20:35+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/we-still-%e2%99%a5-banknotes\/"},"wordCount":233,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/we-still-%e2%99%a5-banknotes\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/241.jpg?fit=%2C&ssl=1","keywords":["banking","CIB","e-commerce","EnterpriseAM","financial inclusion","Fintech","pandemic"],"articleSection":["FINANCIAL INCLUSION"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/we-still-%e2%99%a5-banknotes\/","url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/we-still-%e2%99%a5-banknotes\/","name":"We still \u2665 banknotes - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/we-still-%e2%99%a5-banknotes\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/we-still-%e2%99%a5-banknotes\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/241.jpg?fit=%2C&ssl=1","datePublished":"2021-03-18T04:20:35+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/we-still-%e2%99%a5-banknotes\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/we-still-%e2%99%a5-banknotes\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/we-still-%e2%99%a5-banknotes\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/241.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/241.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/we-still-%e2%99%a5-banknotes\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"We still \u2665 banknotes"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/241.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/241.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/241.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":630662,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/29\/egypt-among-countries-which-have-shown-improvement-in-financial-inclusion\/","url_meta":{"origin":560938,"position":0},"title":"Egypt among countries which have shown improvement in financial inclusion","author":"enterpriseam admin","date":"29 April 2018","format":false,"excerpt":"With one in three now banked, Egypt has shown substantial improvement in financial inclusion since 2014, according to the World Bank\u2019s Global Findex Database (pdf), which charts financial inclusion figures. Adults with a bank account in Egypt grew to 33% in 2017 from less than 20% in 2014, according to\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599466,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/14\/hsbc-and-uber-accelerating-financial-inclusion\/","url_meta":{"origin":560938,"position":1},"title":"HSBC and Uber \u2014 accelerating financial inclusion","author":"enterpriseam admin","date":"14 August 2023","format":false,"excerpt":"In support of the Egyptian government\u2019s financial inclusion programme, HSBC has worked with Uber to deliver payment solutions that allow direct payments for driver earnings from riders into e-wallets and provide on-demand cashouts for Uber\u2019s driver partners.According to the World Bank, two-thirds of Egypt\u2019s citizens do not have a transaction\u2026","rel":"","context":"In &quot;A MESSAGE FROM HSBC&quot;","block_context":{"text":"A MESSAGE FROM HSBC","link":"https:\/\/enterpriseam.com\/egypt\/category\/a-message-from-hsbc\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/629.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":554396,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/05\/next-gen-fintech-players-in-emerging-markets-are-giving-the-old-guard-a-run-for-their-money\/","url_meta":{"origin":560938,"position":2},"title":"Next-gen fintech players in emerging markets are giving the old guard a run for their money","author":"enterpriseam admin","date":"5 December 2021","format":false,"excerpt":"The global digital payments race is heating up: Up-and-coming fintech firms in emerging markets are beginning to outpace Western financial companies who for years have controlled payment markets around the world, the Financial Times reported. Payment technologies such as mobile wallets, scannable QR codes, and smartphone software for contactless transactions\u2026","rel":"","context":"In &quot;THE MACRO PICTURE&quot;","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/579.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569789,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/08\/egyptian-banks-required-to-establish-in-house-financial-inclusion-departments\/","url_meta":{"origin":560938,"position":3},"title":"Egyptian banks required to establish in-house financial inclusion departments","author":"enterpriseam admin","date":"8 March 2020","format":false,"excerpt":"Banks are now required to set up departments to oversee financial inclusion strategies and advise the Central Bank of Egypt\u2019s (CBE) own financial inclusion unit, the CBE said on Thursday (pdf). State-owned and private banks, as well as branches of foreign banks, will get those departments to lay down three-\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":561079,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/24\/easy-kyc-for-micro-businesses-freelancers-gets-a-shot-in-the-arm\/","url_meta":{"origin":560938,"position":4},"title":"Easy KYC for micro businesses, freelancers gets a shot in the arm","author":"enterpriseam admin","date":"24 March 2021","format":false,"excerpt":"SMART POLICY- Unbanked micro-businesses, freelancers, and craftsmen will be able to open accounts at the National Bank of Egypt come April with zero admin charges and minimal paperwork, Hala Wagih Helmy, the bank\u2019s head of products and financial inclusion, told Masrawy. Freelancers or craftsmen will only need to provide their\u2026","rel":"","context":"In &quot;FINANCIAL INCLUSION&quot;","block_context":{"text":"FINANCIAL INCLUSION","link":"https:\/\/enterpriseam.com\/egypt\/category\/financial-inclusion\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":558443,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/10\/egypt-based-payroll-platform-dopay-is-now-bank-abc-egypts-banking-agent\/","url_meta":{"origin":560938,"position":5},"title":"Egypt-based payroll platform Dopay is now Bank ABC Egypt\u2019s banking agent","author":"enterpriseam admin","date":"10 August 2021","format":false,"excerpt":"Egypt-based fintech startup Dopay will offer its digital payroll solutions to Bank ABC corporate clients after obtaining an agent banking license from the Central Bank of Egypt (CBE) through Bank ABC, according to a press release yesterday. The license enables Dopay to offer corporate banking services via its digital payroll\u2026","rel":"","context":"In &quot;Banking&quot;","block_context":{"text":"Banking","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/banking\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/135.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/560938","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=560938"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/560938\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/560925"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/560939"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=560938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=560938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=560938"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=560938"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=560938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}